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Energy

Iraq races to finalize oil deals ahead of elections

Sudani administration activates a major contract with BP and strikes preliminary agreements with ExxonMobil and Chevron as national elections near and deal-making window starts to shut.
Iraqi Prime Minister Mohammed Shia al-Sudani (standing, center), BP CEO Murray Auchincloss (standing, left), and Oil Minister Hayyan Abdulghan (standing, right) oversee the signing of a deal for BP to rehabilitate Kirkuk oil fields and build gas processing and power generation infrastructure at a ceremony in Baghdad on March 26, 2025. (Photo credit: Prime Minister's Office)
Oct 25, 2011

Beyond the Headlines: Oct. 17-23

Kirkuk volatile as U.S. prepares exit Dhi Qar budget slashed Missan bolsters security forces Power plant offline after fire

Oct 17, 2011

Beyond the Headlines: Oct. 10-16

Basra oil sector targeted again Missan-Baghdad tensions flare Kirkuk attacks continue Pipeline failure in Diyala

Oct 13, 2011

Akkas deal finally signed

The gas field development deal awarded to the Korea Gas Corp. has been finalized, surviving 51 weeks of political wrangling.

Oct 13, 2011

Oil export expansion on track

Iraq will sign more than $1 billion in contracts to add 4.5 million barrels to daily export capacity from the south alone.

Oct 11, 2011

New power minister promises review

Abdul Karim Aftan pledges a thorough review of senior staff and all ongoing projects, as the Electricity Ministry reels from outcry over corruption allegations and inadequate power supply.

Oct 10, 2011

Beyond the Headlines: Oct. 3-9

More assassinations in Kirkuk State energy companies investigated Ministry briefs MPs on refineries Capacity setbacks for Dhi Qar police